The highest incremental rate for California residents who own their own business and are subject to self-employment tax, double social security is over 60%. And when you can write off more than what you actually paid given a low residual buy out option where you exercise and sell the car for a gain, it gives you a massive benefit over buying and only writing off the depreciation component. This benefit far exceeds any incremental interest rate from the lease.

 

First of all....sorry that this thread got a bit off topic!

Secondly...I've come to the conclusion that the buy makes more sense for me, as I do not have the tax benefit of a biz owner. I definately will be keeping this one for a while & that options just works out better for me.

Thank you to everyone for the imput.